Recent Headlines
Within Small Business Lending
Castle Placement Named Exclusive Agent - $1 Billion Capital Raise - Long Beach Development
Los Angeles development firm Iron Hedge Holdings announced today that it has engaged Castle Placement as its exclusive placement agent to raise $1 billion of debt and equity capital to complete the development of Golden Shore, a mixed-use commercial real estate project on the waterfront in downtown... - May 25, 2017 - Castle Placement
Castle Placement Named Exclusive Agent - $10 Million Capital Raise - Virtual Receptionist Technology
Virtual Communications Corporation (VCC) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of capital. Proceeds will be used by VCC to further develop, market and expand its patented virtual receptionist technology business. VCC's main product is Alice Virtual Receptionist. - May 25, 2017 - Castle Placement
Successful Capital Raise by Tieback Realty Capital
Tieback Realty Capital, Inc. is pleased to announce that it has received an equity investment from SDMJR, LLC, led by prominent commercial real estate investor Eugene Rosenfeld, affiliated investors, and management. Castle Placement is the exclusive placement agent for Tieback. Tieback is a fix... - May 21, 2017 - Castle Placement
American Receivable Corporation Remains #1 for Third Consecutive Year
For the third consecutive year, Top Ten Reviews has ranked American Receivable as the #1 factoring company in the U.S. American Receivable was one of the first factoring companies in the DFW metroplex, and for the last 39 years, American Receivable has provided cash flow solutions to businesses... - May 17, 2017 - American Receivable Corporation
Cornerstone Bank, Moorestown, New Jersey Announces Termination of Regulatory Order
Announcement of Lifting of Regulatory Order - May 12, 2017 - Cornerstone Financial Corp
Real Estate Solution Raising $50 Million of Capital
Real Estate Solution Home Sellers (RES) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $50 million of capital. Proceeds will be used to grow the platform. RES is a fix-and-flip single family residential platform that acquires, rehabilitates and sells... - May 12, 2017 - Castle Placement
Cornerstone Financial Corporation Announces 10 - 1 Reverse Stock Split
CFIC is announcing a reverse stock split. - May 10, 2017 - Cornerstone Financial Corp
American Receivable Corporation Announces Record Month for New Factoring Clients
American Receivable is excited to announce its biggest month of 2017. ARC welcomed twelve new clients for the month of April. April’s new clients include: - A Mesquite, TX environmental contracting company - A Williston, ND based oilfield maintenance company - A Richardson, TX telecom... - May 05, 2017 - American Receivable Corporation
Mars National Bancorp, Inc. Announces New Board of Directors
Shareholders of Mars National Bancorp elected three new board members along with seven incumbent directors at the annual meeting held April 18, 2017. The three new directors elected were Michael K. Bechtold, Executive Vice President of Brayman Construction Corporation; Gregory B. Mensch, Executive... - May 05, 2017 - Mars Bank
CogniFrame Launches Credit Rating Solution for Businesses Who Offer Credit Terms
The machine learning based alternative to traditional credit decisioning. Adaptive Learning, Dynamic Rating, Easy to Use, Analytics, Free 30 day trial. - April 12, 2017 - CogniFrame Inc
Private Bank of Buckhead Adds Seasoned Financial Pro Joe Polofsky to Lending Team
Private Bank of Buckhead, which includes Private Bank of Decatur and PrivatePlus Mortgage, has named Joe Polofsky as a Vice President and Relationship Manager. He was previously a Vice President and Mortgage Banker with PrivatePlus. “Joe is professional, experienced, knowledgeable and very... - April 06, 2017 - Private Bank of Buckhead
Financial Institution Announces New Business Funding Training Course
Training course targets entrepreneurs seeking to learn how use own capital when lending to small businesses. - March 28, 2017 - Athens Capital Lending LLC
VROOM Launches Spring 2017 Caravan Challenge
VROOM Caravan announces a challenge to start-ups seeking investment in Monaco. Finalists are invited to VROOM Summit to pitch to investors April 27, 2017. - March 23, 2017 - VROOM
Castle Placement Named Exclusive Placement Agent - $10 Million Raise - The Intelligence Community
The Intelligence Community Inc. (TIC) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of equity. Proceeds will be used for research and development, technology acquisition and management team expansion. Founded as an online community in... - March 19, 2017 - Castle Placement
My Franchise USA Expands Its Services to Serve E-2 Investors
My Franchise USA offers now business consulting to start a new business in the US, adding businesses for sale in addition to franchises. My Franchise USA provides support for business due diligence and the immigration process to E-2 investors. - March 09, 2017 - My Franchise USA
Castle Placement Named Exclusive Placement Agent for $13 Million Equity Raise for Spyeye Technologies Inc.
Spyeye Technologies Inc. announced today that it has engaged Castle Placement as its exclusive placement agent to raise $13 million of equity capital. Based in San Diego and Silicon Valley, Spyeye sells a breakthrough patented (issued) hand-held camera that sees into and through walls, clothing,... - March 05, 2017 - Castle Placement
Castle Placement Named Exclusive Placement Agent for $10 Million Equity Raise for Dedicated Funding
Dedicated Funding, LLC (Dedicated) announced today that it has engaged Castle Placement as its exclusive placement agent to raise $10 million of capital. Proceeds will be used to fund working capital and Dedicated’s equipment portfolio. Dedicated provides equipment leasing solutions for many... - March 05, 2017 - Castle Placement
Mars National Bank Sponsors Free First Time Homebuyer Event Attendees to Learn About Grants Towards Down Payments
Mars National Bank is sponsoring a First Time Homebuyer Event on Saturday, March 11, 2017 from 9:00am - Noon at the DoubleTree Cranberry 910 Sheraton Drive, Mars, Pennsylvania, 16046. - February 15, 2017 - Mars Bank
Castle Placement Named Exclusive Placement Agent for $7.5 Million Equity Capital Raise for Vitel Global
Vitel Global Communications announced today that it has engaged Castle Placement as its exclusive placement agent to raise $7.5 million of capital. Proceeds will be used to expand Vitel’s VoIP business and develop its IPTV business for Vitel’s business and residential customers in the... - February 15, 2017 - Castle Placement
Konnect Financial Launches Working Capital Loans to Resolve Short Term Cash Flow Problem
Konnect Financial has added a new product to its catalog called as Working Capital Loan which aims to support the daily cash flow issue in a company. According to the CEO of the company, there are several instances when the funds are required only for a short duration of time as the pending... - February 14, 2017 - Konnect Financial
Konnect Financial Launches Merchant Cash Advance Financial Product
To tap the potential of the huge market of unsecured business loans, Konnect Financial has come up with a unique financial product called as Merchant Cash Advance. According to the Financial Expert of the company, this product aims to be a flexible as well as a convenient means of raising extra... - February 14, 2017 - Konnect Financial
Konnect Financials Introduces Bridging Loan in Its Catalog of Financial Products
Witnessing the market for short-term and urgent loans to balance the cash liquidity, Konnect Financials has come up with a new financial loan product called as Bridging Loan. As per the company’s spokesperson, bridging loan is a tool to keep business moving by catering to the scarcity of... - February 13, 2017 - Konnect Financial
Konnect Financial Extends Its Catalog of Funding with Unsecured Business Loans
After tasting success in the market, Konnect Financial has included unsecured business loans in its catalog of financial service for its clients. Within a week of the launch of this financial service, the company has received numerous applications for the unsecured business loan funding and the... - February 13, 2017 - Konnect Financial
Konnect Financial Wins Award for the Best Financial House in the Summit
Konnect Financial bags the award of the "Best Financial House" in the summit held in Colorado last week. Over 500 financial institutions including various prestigious banks had participated in the summit. Out of the various financial institutions that got nominated for the award, Konnect... - February 13, 2017 - Konnect Financial
Fountainhead Commercial Capital Finishes 2016 on High Note
Nonbank lender funds $68.9MM in total project costs across 10 different states. - January 17, 2017 - Fountainhead Commercial Capital
Shetler Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Nicolina “Nikki” Shetler joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Shetler has 16 years banking experience focused on real estate lending. She will be responsible for developing and managing client relationships, particularly in Indiana and... - December 07, 2016 - Mars Bank
Credissimo is the First Company in the World to Launch a Chatbot Service for Online Consumer Loans
The European fintech company Credissimo is the first company in the world to launch a chatbot service for online consumer loans. Over the last weeks, world leaders in the financial sector, such as Bank of America and MasterCard, have launched chatbot services in similar areas. - December 02, 2016 - Credissimo AD
Fountainhead Commercial Capital Closes $23.52MM in Total Projects During Third Quarter of 2016
Nonbank lender continues offering business owners lower down payment and longer terms for commercial loans. - November 10, 2016 - Fountainhead Commercial Capital
Mars National Bank Provides Financial Literacy Program to Mars Area and Pine-Richland High Schools
The 2016 – 17 school year will see a new financial literacy resource available to Mars Area and Pine-Richland, PA High School students. The online curriculum is sponsored by Mars National Bank and is called the “myMNB Financial Literacy Program.” Mars National Bank is partnering with EverFi, Inc. to bring the program to local students at no cost to the schools or taxpayers. - November 03, 2016 - Mars Bank
TransMark Funding Announces New EZ Approval Periodic Merchant Cash Advance Program
TransMark Funding announces new EZ Approval program to the MCA industry, for those hard to fund deals. - August 22, 2016 - TransMark Funding, LLC
Private Bank of Buckhead Included in Inc. 5000
Inc. magazine includes Private Bank of Buckhead (and its Private Bank of Decatur and PrivatePlus Mortgage divisions) on its 35th annual Inc. 5000, which recognizes the nation's fastest-growing private companies. Companies such as Microsoft, Dell, Pandora, Timberland, LinkedIn and Yelp are Inc. 5000... - August 19, 2016 - Private Bank of Buckhead
Fountainhead Commercial Capital Finances $8.1 Million Acquisition for 24 Carrots Restaurant Group
Top Catering Company to Move Headquarters to Updated Facility in Costa Mesa - August 10, 2016 - Fountainhead Commercial Capital
Mars National Bank’s Dionise Serves as Second Vice Chair and Director of PA Bankers Association
James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pennsylvania Bankers Association’s (PA Bankers) Board of Directors. Beginning July 1, 2016, Dionise is also serving as Second Vice Chair; this begins a four-year commitment which cycles through... - August 06, 2016 - Mars Bank
Mobilization Capital Launches Financing Program for Government Contractors
Details of a new lending program offered by Mobilization Capital that will help contractors to execute on government contracts. - August 05, 2016 - Mobilization Capital Gov Contracting LLC
Obduro Capital Closes $1,500,000 Non-Recourse Loan on Florida Retail Property
Obduro Capital Arranges $1,500,000 Conventional Mortgage for Purchase of Advance Auto Property in Florida - August 03, 2016 - Obduro Capital LLC
Clear Tax Provides Critical Defense Against IRS Scrutiny
Business owners and other management now have access to a tool that can determine their risk of an IRS audit. - July 30, 2016 - Clear Tax
Fountainhead Commercial Capital Finances $4.3 Office/Warehouse in Rancho Dominguez, CA
Wholesaler of High Tech Packaging and Shipping Materials, Pacific Capro Industries Relocates Headquarters - July 29, 2016 - Fountainhead Commercial Capital
Fountainhead Commercial Capital Finances $6.7 Million Hotel Purchase Near Denver
Fountainhead Commercial Capital announced it closed a hotel loan, financing the $6.7 million purchase of a 77-room Comfort Inn & Suites, located in Westminster, Colorado, just north of the Denver. - July 22, 2016 - Fountainhead Commercial Capital
AJC Decatur Book Festival, Bank Establish Prize Honoring Judy Turner
Private Bank of Decatur providing seed money to honor Judy Turner, who recently retired after 51 years in banking; AJC Decatur Book Festival to make award annually. - July 06, 2016 - Private Bank of Buckhead
Mark Weber Joins Private Bank of Buckhead & Decatur
Construction lending pro will split his time between the Buckhead and Decatur locations, serving clients across Metro Atlanta. - July 06, 2016 - Private Bank of Buckhead
Hopper Joins Mars National Bank as Assistant Vice President, Mortgage Lending
Deborah A. Hopper joined Mars National Bank as Assistant Vice President, Mortgage Lending. Ms. Hopper has over 13 years of banking experience, including retail management and loan origination. She will be responsible for developing and managing client relationships, particularly focusing on Butler... - June 30, 2016 - Mars Bank
Mars National Bank’s Drenchko Appointed to Banking Advisory Committee
Mark Drenchko, Senior Vice President, Commercial and Retail Banking of Mars National Bank was appointed to the Pennsylvania Bankers Association’s Advisory Committee for the PA Bankers School of Commercial Banking. The Committee is responsible for reviewing the operational aspects of the... - June 28, 2016 - Mars Bank
Maura A. Mckenna Joins Private Bank of Buckhead Team
Based in Buckhead, the veteran banker serves clients across the metro area. - June 08, 2016 - Private Bank of Buckhead
Private Bank of Buckhead Adds Portfolio Manager Gregory Shakes
Private Bank of Buckhead has named Gregory Shakes as Vice President and Portfolio Manager. Throughout his career, Shakes has worked at several top-tier financial institutions and possesses knowledge in many areas including diversified commercial banking, corporate finance, middle-market banking, asset-based lending, commercial real estate and private wealth management. - May 24, 2016 - Private Bank of Buckhead
Mars National Bank Receives Recognition Award for 115 Charter Anniversary
Mars National Bank celebrated their 115-year charter anniversary at the Pennsylvania Bankers Association (PA Bankers) Group 8 meeting held on April 12 at the Pittsburgh Marriott North, Cranberry Township. PA Bankers recognizes member charter anniversaries every five years from the date of that... - May 24, 2016 - Mars Bank
Paragon Reports Most Profitable Quarter in Bank History
Paragon Bank (OTCBB: PGNN.OB) today reported that the first quarter of 2016 was the most profitable in the bank's more than 10-year history. Total revenue increased to $4.2 million, which compares to the previous record of $3.5 million during the fourth quarter of 2015, and is an increase of 19%. - May 21, 2016 - Paragon Bank
Private Bank of Buckhead Adds Dillon Mulkey as Personal Banker
Private Bank of Buckhead has named Dillon Mulkey a Personal Banker. Says he enjoys being able to tailor service to each client. - May 20, 2016 - Private Bank of Buckhead
Mars National Bank’s Dionise Serves on CLO Board
James V. Dionise, President and Chief Executive Officer of Mars National Bank is serving on the Pittsburgh CLO Board of Directors. “I am excited to be involved with Pittsburgh CLO. They have a long and rich history in the region and continue to expand their impact,” said Jim Dionise,... - May 17, 2016 - Mars Bank
Fountainhead Commercial Capital Secures $23 Million for Small Business Lending
Setting Stage to Become Nation's Largest SBA 504 Lender. - May 12, 2016 - Fountainhead Commercial Capital
Mars National Bank and First Front Door Helps First Time Homebuyers
Mars National Bank is again promoting the Federal Home Loan Bank Pittsburgh’s (FHLBank) program for first time homebuyers called “First Front Door.” The program supports first time homebuyers through down payment and closing cost assistance. Through First Front Door (FFD),... - May 03, 2016 - Mars Bank